Report: The OIC’s current and potential role in the global halal food trade
The 57-member countries of the Organisation of Islamic Cooperation (OIC) represent around 1.38 billion Muslims, making it a significant source of demand for halal food. In 2015 the bloc imported around $190 billion in F&B products, incurring a substantial trade deficit of $70 billion. Intra-OIC trade accounted for only 22 percent. This report looks at the leading food exporters to OIC countries and identifies the top three categories. It also reflects on food trade data to determine a strategic roadmap for OIC countries to partake in global halal food trade.